December 2020 Tracy Real Estate RESIDENTIAL SALES GISBORNE
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market facts december 2020 tracy real estate RESIDENTIAL SALES GISBORNE NOTE : Assessed for the end of 2020 on the basis of 2017 RV not the new 2020 RV that have just been released SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND CITY CENTRAL $302,000 $650,000 115.23% 3 130 829 CITY CENTRAL $171,000 $452,000 164.33% 2 100 507 CITY CENTRAL $183,000 $400,000 118.58% 3 86 400 CITY CENTRAL – AVERAGE SALE PRICE % OVER 2017 RV 132.71% ELGIN $193,000 $470,000 143.52% 4 130 759 ELGIN $214,000 $525,000 145.33% 3 130 1012 ELGIN - AVERAGE SALE PRICE % OVER 2017 RV 144.43% INNER KAITI $271,000 $733,000 170.48% 3 170 710 INNER KAITI $227,000 $530,000 133.48% 3 1012 1012 INNER KAITI $221,000 $520,000 135.29% 2 100 C/LEASE INNER KAITI $216,000 $607,500 181.25% 2 140 760 INNER KAITI – AVERAGE SALE PRICE % OVER 2017 RV 155.13% KAITI $310,000 $710,000 129.03% 3 120 809 KAITI $222,000 $560,000 152.25% 2 140 1012 KAITI $234,000 $580,000 147.86% 2 110 C/LEASE KAITI $236,000 $645,000 173.31% 3 90 1316 KAITI $234,000 $560,000 139.32% 2 100 C/LEASE KAITI $133,000 $260,000 95.49% 3 100 738 KAITI - AVERAGE SALE PRICE % OVER 2017 RV 139.54% LYTTON WEST $330,000 $645,000 95.45% 3 104 534 LYTTON WEST - AVERAGE SALE PRICE % OVER 2017 RV 95.45% MANGAPAPA $260,000 $700,000 169.23% 3 110 809 MANGAPAPA $270,000 $590,000 118.52% 6 190 883 MANGAPAPA $263,000 $590,000 124.33% 3 125 508 MANGAPAPA $292,000 $595,000 103.77% 3 130 809 MANGAPAPA $715,000 $800,000 11.89% 6 333 868 MANGAPAPA $295,000 $550,000 86.44% 3 140 842 MANGAPAPA $222,000 $562,000 153.15% 3 100 622 MANGAPAPA $260,000 $443,000 70.38% 3 110 651 MANGAPAPA $215,000 $421,000 95.81% 2 80 2732 MANGAPAPA $310,000 $631,000 103.55% 3 95 1619 MANGAPAPA - AVERAGE SALE PRICE % OVER 2017 RV 103.71% OUTER KAITI $162,000 $460,000 183.95% 3 90 767 OUTER KAITI $181,000 $418,000 130.94% 3 110 626 OUTER KAITI $165,000 $300,000 81.82% 2 120 809 OUTER KAITI $169,000 $532,000 214.79% 3 100 618 OUTER KAITI - AVERAGE SALE PRICE % OVER 2017 RV 152.88% 121 Ormond Road, Gisborne P 06 929 1933 | M 027 553 5360 | E tracy@tracyrealestate.co.nz Tracy Bristowe, AREINZ | Licensed Real Estate Agent REA 2008 www.tracyrealestate.co.nz PAGE 1 OF 2 market facts december 2020 RESIDENTIAL SALES GISBORNE SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND RIVERDALE $240,000 $550,000 129.17% 3 92 601 RIVERDALE $286,000 $545,000 90.56% 3 92 630 RIVERDALE $330,000 $625,000 89.39% 3 122 935 RIVERDALE $380,000 $708,000 86.32% 3 150 800 RIVERDALE $580,000 $1,150,000 98.28% 4 213 646 RIVERDALE - AVERAGE SALE PRICE % OVER 2017 RV 98.74% SPONGE BAY $380,000 $820,000 115.79% 3 148 818 SPONGE BAY - AVERAGE SALE PRICE % OVER 2017 RV 115.79% TAMARAU $301,000 $655,000 117.61% 3 122 2023 TAMARAU $186,000 $435,000 133.87% 2 75 1229 TAMARAU - AVERAGE SALE PRICE % OVER 2017 RV 125.74% TE HAPARA $225,000 $295,000 31.11% 2 110 0 TE HAPARA $384,000 $770,000 100.52% 4 190 807 TE HAPARA $365,000 $821,000 124.93% 3 171 902 TE HAPARA $269,000 $580,000 115.61% 3 94 733 TE HAPARA $295,000 $650,000 120.34% 3 93 711 TE HAPARA $308,000 $750,000 143.51% 4 170 881 TE HAPARA $159,000 $361,000 127.04% 2 100 304 TE HAPARA $253,000 $560,000 121.34% 2 120 648 TE HAPARA $277,000 $520,000 87.73% 3 120 754 TE HAPARA $251,000 $565,000 125.10% 3 130 642 TE HAPARA - AVERAGE SALE PRICE % OVER 2017 RV 109.72% WHATAUPOKO $372,000 $900,000 141.94% 4 170 946 WHATAUPOKO $209,000 $560,000 167.94% 2 75 496 WHATAUPOKO $470,000 $1,200,000 155.32% 12 400 1044 WHATAUPOKO $580,000 $1,380,000 137.93% 4 353 979 WHATAUPOKO $337,000 $625,000 85.46% 4 130 728 WHATAUPOKO $317,000 $600,000 89.27% 3 130 881 WHATAUPOKO $357,000 $841,000 135.57% 4 200 943 WHATAUPOKO $249,000 $600,000 140.96% 3 100 395 WHATAUPOKO $300,000 $630,000 110.00% 3 142 774 WHATAUPOKO $717,000 $1,200,000 67.36% 5 226 1300 WHATAUPOKO - AVERAGE SALE PRICE % OVER 2017 RV 123.18% AVERAGE % SALE PRICE ABOVE 2017 RV OF ALL ABOVE SALES : 122.05% REINZ DATA STATISTICS FOR THE MONTH: RESIDENTIAL HOUSES (including apartments) RESIDENTIAL HOUSES MEDIAN MEDIAN DAYS NUMBER SOLD DECEMBER 2019 $410,000 30 48 DECEMBER 2020 $590,000 29 63 Disclaimer: The data herein has been sourced via REINZ and RPNZ, and whilst every care has been taken to verify the accuracy of the information, the writer accepts no responsibility for error or omission. The RV/SP % is the difference between the sale price and the 2017 RV expressed as a percentage. Suburbs covered: Elgin, Gisborne Central, Heatherlea, Inner Kaiti, Kaiti, Lytton West, Mangapapa, Okitu, Riverdale, Sponge Bay Tamarau, Te Hapara, Wainui, Whataupoko tracy real estate 121 Ormond Road, Gisborne P 06 929 1933 | M 027 553 5360 | E tracy@tracyrealestate.co.nz Tracy Bristowe, AREINZ | Licensed Real Estate Agent REA 2008 www.tracyrealestate.co.nz PAGE 2 OF 2.